DeVry (DV) is a leading provider of post secondary education in North America and commands a strong portfolio of well-established brands. Moreover, DeVry is also taking initiatives to diversify revenue streams and optimize its real estate strategy, which augurs well for future operating performance.
The company has a consistent track record of returning cash to shareholders in the form dividends and share buybacks. Our long-term (6-month) recommendation on DeVry is Outperform as we anticipate it to perform well above the broader market.
However, intense competition from public and private colleges and risks associated with seasonality of business may limit the above-market performance of the company.Zacks Investment Research
